Business News

Westpac's panicked response to its money-laundering scandal looks ill-considered

Written by Louis de Koker, Professor of Law, La Trobe University

Westpac’s board has jettisoned its chief executive, Brian Hartzer, just hours after he reportedly told his team mainstream Australia was not overly concerned about the bank’s 23 million alleged breaches of anti-money-laundering laws, including handling transactions potentially involving child sex abuse.

Westpac's announcement to the...

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